A Broadcast and Cinematography Equipment Market Update
- Thought Leadership
18/06/2024
A Broadcast and Cinematography Equipment Market Update – White Paper
The UK film and television industries have long been recognised as global leaders, known for their world-class talent, bustling production stages, and a robust used equipment market. In recent years, however, the landscape has started to shift. Once thriving, the value of used broadcast and cinematography equipment has experienced a noticeable decline, largely driven by industry trends of rationalisation and consolidation.
So, what exactly is behind this change?
Hickman Shearer offers expert analysis on these shifting dynamics in their latest white paper, which takes a deep dive into the Broadcast and Cinematography sectors. The report provides a comprehensive overview of the current market trends, examining how technological advancements, evolving production demands, and industry mergers have influenced the valuation of used equipment.
The white paper outlines how consolidation within the industry has led to fewer major players dominating the market, resulting in reduced demand for second-hand equipment. Additionally, rapid technological innovation has made it more difficult for older equipment to retain its value, as new, cutting-edge alternatives quickly render them outdated. This has directly impacted residual values in both the cinema and broadcast sectors, challenging traditional perceptions of long-term equipment worth.
Hickman Shearer’s analysis doesn’t just highlight the challenges, however; it also identifies opportunities. For those in the industry—whether equipment manufacturers, rental companies, or production houses—the report offers valuable insights that can guide future investments and strategic decision-making in a rapidly evolving marketplace.
For a deeper understanding of the forces reshaping the broadcast and cinematography equipment markets, and to learn how these trends may affect your business, explore the full white paper by Hickman Shearer Managing Director Tim Chapman.
Read here>> White Paper_Broadcast and cinematography equipment market update
To find out how these industry updates impact your business in Broadcast and Cinematography, contact our Industry Experts >> Contact Us.
